NMDC gains as its consolidated net profit rises 17% in Q2FY25
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NMDC is currently trading at Rs. 225.95, up by 1.25 points or 0.56% from its previous closing of Rs. 224.70 on the BSE.
The scrip opened at Rs. 225.00 and has touched a high and low of Rs. 226.25 and Rs. 222.35 respectively. So far 167974 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 286.35 on 21-May-2024 and a 52 week low of Rs. 166.70 on 15-Nov-2023.
Last one week high and low of the scrip stood at Rs. 246.20 and Rs. 222.35 respectively. The current market cap of the company is Rs. 65880.02 crore.
The promoters holding in the company stood at 60.79%, while Institutions and Non-Institutions held 26.68% and 12.53% respectively.
NMDC has reported 23.48% in its net profit at Rs 1,268.96 crore for second quarter ended September 30, 2024 as compared to Rs 1,027.63 crore for the same quarter in the previous year. Total income of the company increased by 19.20% at Rs 5,167.06 crore for Q2FY25 as compared to Rs 4,334.64 crore for the corresponding quarter previous year.
On consolidated basis, the company has reported 16.66% rise in net profit at Rs 1,195.63 crore for Q2FY25 as compared to Rs 1,024.86 crore for the same quarter in the previous year. Total income of the company increased by 21.79% at Rs 5,279.68 crore for Q2FY25 as compared to Rs 4,335.02 crore for the corresponding quarter previous year.
